# Electrabrands Limited (01503244)

> Why UK company 01503244 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/01503244

- **Status:** Administration ended
- **Administration began:** 2013-10-23
- **Administrators:** Guy Edward Brooke Mander, Graham Paul Bushby
- **Administrators' firm:** Baker Tilly Restructuring and Recovery
- **Formerly:** Henlid Limited
- **Incorporated:** 1980-06-20
- **Location:** Birmingham
- **Industry:** 46439 Wholesale of radio, television goods & electrical household appliances (other than records, tapes, CD's & video tapes and the equipment used for playing them)

## Why it went into administration

- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Loss of a key customer, supplier or contract
- Bad debts / customer insolvency
- Sustained trading losses
- Competition / price pressure

## From the administrators' statement

Relevant extracts from the Company’s financial statements are summarised below.

y/e yle y/e 31/12/2012 31/12/2011 31/12/2010

Final Final Final

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/01503244/filing-history/MzA5MTE3MDYxMmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/01503244

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.